On today’s episode, I’m talking with economist and trader, Frances Newton Stacy. She works for Optimal Capital as the director of portfolio strategy. Frances is also a frequent guest on both CNBC, as well as Fox Business News as a commentator on Central Bank Policy. She also blogs about the trading community by helping to recognize key cycles and significant support and resistance levels. We’re talking about economic policy and what’s going on in the stock market.
Minute Markers:
00:32 – Introductions
01:50 – Frances’ background
03:36 – Where the stock market is now
04:07 – What is inflation?
04:33 – Late cycle
06:43 – Repo operation
08:00 – The P is historically high
09:18 – The valuation stretch
09:49 – The mechanisms of debt
11:35 – The big reversion
13:00 – Defining inflation
14:37 – Deflation
16:33 – Raising rates too much too fast
21:49 – Why debt? What is debt?
23:35 – Technical recession
26:50 – Real estate investments and the future
30:10 – Reaching out to Frances Newton Stacy
31:11 – Thank you for listening to the Big Mike Fund Podcast
Resources:
Frances Newton Stacy, email: frances@optimalcapital.com
